Warm up your winter with 3.10%* in 1 year

High interest GICs. Guaranteed savings.

Simple, safe and secure, our GICs are designed to help grow your money faster with guaranteed high rates. You’ll have peace of mind knowing you’re making money on your money with a 100% rate guarantee and confidence that your money is protected.

Save smarter with the new EQ Bank app

We’ve made it easier to track your progress, deposit cheques and do more with tools designed to help you reach your goals sooner. Download the EQ Bank app on your mobile device today.

Equitable Bank is a member of CDIC

Because Equitable Bank† is a member of the Canada Deposit Insurance Corporation (CDIC), your money at EQ Bank is eligible for deposit insurance. CDIC protects eligible deposits up to a maximum of $100,000 per depositor, per insured category.

*EQ Bank GICs are non-redeemable. For GIC terms of less than one year, simple interest is calculated on a per diem basis and paid at maturity. For GIC terms equal to one year, simple interest is calculated on a per annum basis and paid at maturity. For GIC terms of over one year, not including 15 and 27 month terms, interest is calculated on a per annum basis and paid either annually (simple interest) or at maturity (compounded annually). For GIC terms of 15 and 27 months, interest is calculated on a per annum basis, compounded annually and paid solely at maturity. In all cases, interest is accrued for the entire GIC term. Maximum 20 GICs per customer. Per GIC investment limit of $100,000. Aggregate GIC investment limit of $500,000.

† Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank.